Aequs544634Promoter pledge update
Promoter creates pledge on 10,05,13,070 shares, 14.99% of equity, in favour of 360 One Prime Ltd
Promoter Melligeri Private Family Foundation has created a pledge on its shares in the company.
By ScoutQuest · · 1 min read
100%Encumbered shares as % of promoter shareholding
Promoter and promoter group holding as % of total paid up capital59.09%
Pledged shares as % of promoter and promoter group shareholding25.36%
Encumbered shares as % of total share capital14.99%
- Shares Pledged
- 10,05,13,070 shares pledged — 14.99% of total share capital
- Shareholding Covered
- 100% of the promoter's own holding; 25.36% of the promoter and promoter group's total holding
- Facility / Value
- INR 200 Crores facility; Value of shares: Rs. 23,00,74,41,723
What was disclosed
- The promoter, Melligeri Private Family Foundation (Mellwood Trustee Services Private Limited), created a pledge on its equity shares of the company.
- Type of event: Creation of Pledge. Date of creation of the encumbrance: 14.10.2026. Date of reporting: 15.10.2026.
- Shares already encumbered before this event: Nil.
The numbers
- 10,05,13,070 shares were encumbered, equal to 14.99% of the company's total share capital.
- The promoter held 10,05,13,070 shares, so the encumbrance covers 100% of the promoter's own holding.
- The promoter and promoter group together hold 39,62,82,820 shares, which is 59.09% of the total paid up capital.
- The shares encumbered work out to 25.36% of the promoter and promoter group's total shareholding.
- Value of the shares on the date of the event: Rs. 23,00,74,41,723.
- Amount involved: INR 200 Crores and such extended amount from time to time.
In whose favour and why
- The shares are encumbered in favour of 360 One Prime Limited, which is an NBFC.
- Stated reason for the encumbrance: pledging as security for a finance facility being obtained amounting to INR 200 Crores and such extended amount from time to time, for making investments.
- The encumbrance does not relate to any debt instruments such as debentures, commercial paper or certificate of deposit.
What it means for a retail investor
- A pledge means the promoter's shares are held as security under the arrangement described. Ownership of the shares does not change hands simply because they are pledged.
- This is an encumbrance disclosure made by the promoter to the stock exchanges. It is not a sale or purchase of shares in the open market.
100%Encumbered shares as % of promoter shareholding
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More numbers
- Shares encumbered (pledged)10,05,13,070
- Encumbered shares as % of total share capital14.99%
- Encumbered shares as % of promoter shareholding100%
- Total promoter and promoter group holding39,62,82,820
- Promoter and promoter group holding as % of total paid up capital59.09%
- Pledged shares as % of promoter and promoter group shareholding25.36%
- Value of shares on the date of eventRs. 23,00,74,41,723
- Amount involved (finance facility)INR 200 Crores
Source: BSE · 16 Oct 2026
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